Electric Kettles - China
China- In 2024, the revenue generated in the Electric Kettles market is estimated to be US$1.18bn.
- It is projected that the market will experience an annual growth rate of 5.36% between 2024 and 2029 (Compound Annual Growth Rate - CAGR).
- When comparing the global market, China stands out as the country generating the highest revenue in this segment, amounting to US$1.18bn in 2024.
- In terms of per household revenue, it is expected that each household will generate US$2.41 in 2024.
- Looking ahead to 2029, the volume of electric kettles sold in the market segment is predicted to reach 35.4m pieces units.
- Additionally, there is an anticipated volume growth of 3.0% units in 2025.0.
- On average, each household is expected to have a volume of 0.06pieces units in the Electric Kettles market in 2024.
- It is worth noting that these figures pertain specifically to the market segment of Electric Kettles market China.
- China's electric kettle market is booming, with a growing demand for high-quality, energy-efficient models.
- Key regions:
- Indonesia,
- Worldwide,
- Canada,
- United States,
- India
Definition: Electric kettles are a convenient and efficient method for boiling water, eliminating the need for a stove top. These kettles come in various materials, such as stainless steel, glass, and plastic, and offer additional features like adjustable temperature and Wi-Fi control. As tea and coffee culture continues to grow, electric kettles have become a popular choice for both home and workplace settings. This segment excludes teapots, coffee machines, hot-water dispensers, and stove kettles.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Stainless-steel electric kettles
- Glass electric kettles
- Plastic electric kettles
Out-Of-Scope
- Hot tea machines/ teapot
- Coffee machines
- Hot water dispensers
- Stove kettles
